According to Onchain Lens monitoring, the Ethereum Foundation pledged 4938 ETH worth approximately $7.86 million to Lido.

ECB Managing Director Nagel stated that inflation will continue to be significantly higher than the target level.

ECB Managing Director Nagel stated that it is too early to determine whether to raise interest rates.

According to Golden Jubilee Data, the Chief Economist of the European Central Bank, Lian En, stated that due to the impact of energy companies and governments' demand to rebuild inventories, oil prices may continue to be higher than pre war levels and push up inflation.

IBIT alone shed $300 million while smaller funds absorbed some of the outflow. The selloff lands as the same AI trade that crashed Korea a week ago now powers a record quarterly rally there.